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It is true that it is not dependent _directly_ on Russian gas, but that is a bit naive. The UK is highly dependent on Norwegian gas which now has to bid agains
by rvieira 4y ago
It is true that it is not dependent _directly_ on Russian gas, but that is a bit naive.
The UK is highly dependent on Norwegian gas which now has to bid against Germany for, as an example.
- f1shy 4y agoI'm totally ignorant of the energy production share by method in the UK, but I was convinced they are pretty much autonomous (to a 95%). Aren't they (you)?
- sct202 4y ago"The UK imports around 50% of its gas from the international market and most homes in England and Wales are heated by mains gas supply. Gas is also used to fuel around a third of the UK's electricity generation, so rising gas prices will usually lead to rising electricity prices. Norway is typically the UK's largest gas supplier. In 2021, the UK imported £14.5 billion of gas from Norway, which accounted for 77% of all gas imports (Figure 3). Other countries the UK imports gas from include Qatar, the United States and Russia. Almost half of the UK's gas exports in 2021 were to Ireland (47.2%), and the Netherlands was also a large export partner (28.2%)." https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/articles/trendsinukimportsandexportsoffuels/2022-06-29 https://www.ons.gov.uk/economy/nationalaccounts/balanceofpay...
- rowanajmarshall 4y agoAlthough the UK has some advantages e.g. an appreciable percentage of Europe's LNG capacity, pipeline infrastructure to Norway, and pre-existing contracts with suppliers from Kuwait and the US.